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Tanzania - Page 134

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Currency Shift Gains Pace As Dollar Faces New Pressure

A gradual but meaningful shift is unfolding in the financial system as more economies explore alternatives to reduce heavy reliance on the United States dollar. The movement is not sudden, but its direction is becoming increasingly clear. This is not about replacing
April 16, 2026
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Tanzania Set to Launch New Railway Cargo Service

Tanzania is gearing up to transform its freight transport system with the upcoming launch of the standard gauge railway (SGR) cargo service, expected to begin in April. This development has stirred excitement among business leaders who are hopeful it will bring faster
February 11, 2025
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Parliamentary Committee Raises Alarm Over Infrastructure Delays

A parliamentary committee has sounded the alarm over delays and inefficiencies in key infrastructure projects, warning that mismanagement could undermine the government’s multi-trillion-shilling investments in transport. The Public Investment Committee (PIC) presented its findings in Parliament on Monday, highlighting major challenges in
February 11, 2025
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Tanzania Moves Closer to Launching Cable Transport System

Tanzania is attracting strong interest from international investors in its cable transport sector, with at least five companies from France and Egypt, as well as several local investors, eager to take part in developing the industry. The Land Transport Regulatory Authority (Latra)
February 10, 2025
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CCM Expels Reverend Malisa Over Party Dispute

The ruling Chama Cha Mapinduzi (CCM) has expelled Reverend Godfrey Malisa from the party, accusing him of breaching its constitution and ethical guidelines. His removal follows his outspoken criticism of resolutions passed during CCM’s National Congress on January 19, 2025. During the
February 10, 2025
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Deputy Minister Urges Quality on Kahama-Kakola Road

The Deputy Minister for Construction, Eng. Godfrey Kasekenya, has urged the contractor, China Civil Engineering Construction Cooperation (CCECC), building the 73-kilometer Kahama-Kakola road, to maintain high-quality standards to ensure the road’s durability for many years. While inspecting the construction today, Eng. Kasekenya
February 10, 2025
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Two Killed in Tragic Handeni Road Accident

A late-night road accident in Handeni District, Tanga Region, has claimed the lives of two people after a speeding Toyota Noah lost control and crashed into a stationary Toyota Canter. The accident occurred in the early hours of Monday, February 10, 2025,
February 10, 2025
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Aga Khan IV Laid to Rest in Aswan, Egypt

His Highness Prince Karim Aga Khan IV, the revered leader of the Ismaili Muslim community, was laid to rest on February 9, 2025, in a private burial ceremony in Aswan, Egypt. The solemn event marked the end of an era for millions
February 10, 2025
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Tanzania to Enforce Ban on Foreign Currency Use

Tanzanians will soon have to conduct all local transactions exclusively in Tanzanian Shillings as the Bank of Tanzania (BoT), in partnership with the Ministry of Finance, finalizes regulations to enforce a ban on the use of foreign currencies for domestic payments. The
February 10, 2025
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